Johnson Controls International
About: Johnson Controls manufactures, installs, and services HVAC systems, building management systems and controls, industrial refrigeration units, and fire and security solutions. Commercial HVAC accounts for over 45% of sales, fire and security represents roughly 40% of sales, and residential HVAC, industrial refrigeration, and other solutions account for the remaining 15% of revenue. In fiscal 2023, Johnson Controls generated nearly $27 billion in revenue.
Employees: 94,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
67% more first-time investments, than exits
New positions opened: 137 | Existing positions closed: 82
67% more funds holding in top 10
Funds holding in top 10: 9 [Q2] → 15 (+6) [Q3]
47% more call options, than puts
Call options by funds: $505M | Put options by funds: $344M
12% more repeat investments, than reductions
Existing positions increased: 402 | Existing positions reduced: 358
10% more capital invested
Capital invested by funds: $41.5B [Q2] → $45.9B (+$4.36B) [Q3]
4% more funds holding
Funds holding: 1,037 [Q2] → 1,080 (+43) [Q3]
4.29% less ownership
Funds ownership: 92.76% [Q2] → 88.47% (-4.29%) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
JP Morgan Stephen Tusa 71% 1-year accuracy 22 / 31 met price target | 14%upside $100 | Overweight Maintained | 6 Feb 2025 |
RBC Capital Deane Dray 53% 1-year accuracy 29 / 55 met price target | 6%upside $93 | Sector Perform Maintained | 6 Feb 2025 |
Wells Fargo Joe O'Dea 71% 1-year accuracy 10 / 14 met price target | 11%upside $98 | Overweight Maintained | 6 Feb 2025 |
Morgan Stanley Chris Snyder 67% 1-year accuracy 10 / 15 met price target | 19%upside $105 | Overweight Maintained | 6 Feb 2025 |
Melius Research Scott Davis 100% 1-year accuracy 1 / 1 met price target | 8%upside $95 | Hold Downgraded | 28 Jan 2025 |
Financial journalist opinion
Based on 19 articles about JCI published over the past 30 days









